Penny Stocks

Do you believe in investing in penny stocks ?

  • Yes !!!

    Votes: 208 61.4%
  • No !!!

    Votes: 94 27.7%
  • Can't Say !!!

    Votes: 37 10.9%

  • Total voters
    339
My broker charges the brokerage equivalent to Rs. 100 for stocks priced less than 100 rupees. In that case the price of the stock will shoot 25% more if it is around 5 rupees. I am confused in this respect. Otherwise I support buying of penny stocks with good back ground.:mad:
 

findvikas

Well-Known Member
better to wait for FC (financial closure ) which is expected on coming 20th in AGM. I believe penny stocks are good way to make money if you have time to track.
These are operator driven stocks, they will come up and go down every 1-3months. If you can swim with operators then you can earn as much as 300% return whenever operators come into play otherwise you loose it all.

My advice, buy Cals around 0.5-0.53 and cover it at 0.7 or 0.75 (if your broker allow such a less brokerage)... do not expect any return and only put the money which you have assumed that you have lost already.

I have 5k shares in Cals and dont even remember that I have them :) they are a long term bet it may give me something while I am not expecting anything.
 
My broker charges the brokerage equivalent to Rs. 100 for stocks priced less than 100 rupees. In that case the price of the stock will shoot 25% more if it is around 5 rupees. I am confused in this respect. Otherwise I support buying of penny stocks with good back ground.:mad:
weird

so, if u buy suzlon @ 82 or 95 whatever, still u r charged more compared u buy stock priced above 100
 

rajeabc

Well-Known Member
These are operator driven stocks, they will come up and go down every 1-3months. If you can swim with operators then you can earn as much as 300% return whenever operators come into play otherwise you loose it all.

My advice, buy Cals around 0.5-0.53 and cover it at 0.7 or 0.75 (if your broker allow such a less brokerage)... do not expect any return and only put the money which you have assumed that you have lost already.

I have 5k shares in Cals and dont even remember that I have them :) they are a long term bet it may give me something while I am not expecting anything.

More than 50% Investors believe/invest in Penny Stock. And if you invest systematically , chance is very high that you will gain from penny stocks. Also as you said "they will come up and go down every 1-3months" so you can exit if you feel.
 
GUYS...GO for cals refinery and saanra software..invest only capital as much that u have self indulged in say a 5 star dinner..bot a lavish present..treat it as expense..and forget..review after few years..in case in btw it has become multi bagger...bok profits..
 

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